Global economic restructuring and technological change are transforming the map of global production and the global division of labor. Based on the perspectives of global value chains and global production networks, this study analyzes the production networks, value chains, and spatial...

We commonly think of information as an instrument for better decisions, yet evidence suggests that people often decline free information in non-strategic scenarios. This paper provides a theory for how a dynamically-consistent decision maker can be averse to partial information as a consequence...